Contribution of Stewardship to effective governance in Non- profit organization
The main idea of this part of the report is to provide a comprehensive principal that enables the agency theory of non-profit organization that helps in understanding the application of Stewardship and how the governance and management of a non-profit organization takes place. These theories when combined together provide complimentary use of the agent relationship and research principals that addresses the issue of accountability in a non-profit organization (The Data Governance Institute, 2018). The contribution of Stewardship can be understood best from the below pointers:
– Ensuring proper communication with the members and stakeholders of the organization that helps to establish a mission and ensure periodical review of organization’s appropriateness.
– It becomes important to identify what are the elements that will help in sustaining timely mission that will help in establishing a strategic plan to achieve the goals.
– The risk management process within the organization should be appropriate and should help in anticipation of risk in a way that the organization is prepared for the outcome.
– It also becomes important to monitor the achievement of a project or mission after setting goals and priorities that impacts the clients and inputs or activities.
Ensuring that the board is properly aligned with the plan and avoids the conflict of interest
Qualities of Effective Leadership and Its impact on Good Governance.
Effective governance: the roles and responsibilities of board members.
Role of Governing Boards in Fostering Accountability.